Traders cast aside their doubts on blue-chip buzz
Add BT as a preferred source
Annabeth Leow
DeeperDive is a beta AI feature. Refer to full articles for the facts.
LOCAL equities found themselves on surer footing on Friday, with the benchmark Straits Times Index (STI) drawing strength from positive signs at the listed heavyweights.
The STI advanced by 29.05 points, or 0.82 per cent, to 3,550.36, bringing the week's gain to 0.85 per cent.
PhillipCapital's research team said in a technical morning note that the index "might be facing some immediate hurdle at the 3,550 resistance area".
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
